Financials in USD. Standardized financial statements.
A compact view of how First Republic Bank turns revenue into operating income and net income.
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|
| Revenue? | $6.66B | $5.23B | $4.45B | $4.07B | $3.50B | $2.85B | $2.33B |
| Revenue Growth? | +27.3% | +17.7% | +9.2% | +16.3% | +22.6% | +22.3% | 0.0% |
| Cost of Revenue? | $993.00M | $328.00M | $746.00M | $877.00M | $606.59M | $360.34M | $210.90M |
| Gross Profit? | $5.67B | $4.90B | $3.70B | $3.19B | $2.89B | $2.49B | $2.12B |
| Gross Margin? | +85.1% | +93.7% | +83.2% | +78.4% | +82.7% | +87.4% | +91.0% |
| Operating Expenses? | $3.53B | $3.08B | $2.37B | $2.06B | $1.84B | $1.58B | $1.29B |
| Operating Income? | $2.14B | $1.83B | $1.33B | $1.13B | $1.05B | $912.20M | $827.60M |
| EBITDA? | $2.33B | $2.01B | $1.50B | $1.27B | $1.17B | $1.00B | $883.72M |
| Income Before Tax | $2.14B | $1.83B | $1.33B | $1.13B | $1.05B | $912.20M | $827.60M |
| Income Tax Expense | $476.00M | $350.00M | $270.00M | $203.00M | $197.91M | $154.54M | $154.17M |
| Net Income? | $1.67B | $1.48B | $1.06B | $930.00M | $853.83M | $757.66M | $673.43M |
| EPS? | $8.33 | $7.79 | $5.85 | $5.25 | $5.24 | $4.81 | $4.53 |
| Diluted EPS? | $8.23 | $7.66 | $5.81 | $5.20 | $5.16 | $4.67 | $4.37 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality